Business

Business

UMB reaches $10 billion in loans as profits jump 23 percent

The Kansas City-based banking company said it earned $37.3 million, or 76 cents a share, in the second quarter, compared with $30.2 million, or 65 cents a share, a year earlier. Its profits grew from higher interest earnings on loans and securities as well as higher fee income and similar income.

Business

Euronet Worldwide earnings double in second quarter

The Leawood-based operator of a global ATM network, money transfer business and electronic payment business said its revenue grew 12 percent and its profit got an added boost from selling its shares in Visa Europe to Visa. The United Kingdom’s exit from the European Union will not hurt business meaningfully.

Business

Sale of Faultless Linen buildings in the Crossroads is put on the back burner

Kansas City-based Faultless Linen, which a year ago announced plans to sell four properties in the Crossroads Arts District, has focused attention on relocating the company’s existing plant in St. Louis after the National Geospatial-Intelligence Agency chose the Faultless site for a new St. Louis operation. The Crossroads buildings remain “passively on the market.”

Videos

Meet the neighbors: Sprint welcomes employees new to Kansas City with a party

Sprint has brought 100 families to the Kansas City area by hiring new employees from all over the world. On Saturday, they got a welcome party from CEO Marcelo Claure. "It gives me a chance to meet their families," he said. "I think Monday when we all come back to work, we're a happier family and we're all more energized."
Mark Davis The Kansas City Star
Meet the neighbors: Sprint welcomes employees new to Kansas City with a party 2:30

Meet the neighbors: Sprint welcomes employees new to Kansas City with a party

Veolia plant goes 'green' in downtown Kansas City 1:03

Veolia plant goes 'green' in downtown Kansas City

Kansas names director of drones 2:37

Kansas names director of drones

Heart to Heart sends mobile medical unit to Republican National Convention 2:08

Heart to Heart sends mobile medical unit to Republican National Convention